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understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per … health can enhance growth rate, whereas the overall revenue expenditure retards growth. Therefore, provinces' capital budgets …
Persistent link: https://www.econbiz.de/10012404488
This paper aims to decompose the sources of growth in economies in the Southern African region's Common Monetary Area … and in the provinces of South Africa. Decomposition results for the Common Monetary Area reveal that the growth of … from shifts in technology. Countries experiencing input-driven growth in the secondary sector, such as Namibia and Eswatini …
Persistent link: https://www.econbiz.de/10012432956
We investigate the marginal productivity of investment across countries. The aim is to estimate the return on investments financed by foreign aid and by domestic resource mobilization, using aggregate data. Both returns are expected to vary across countries and time. Consequently we develop a...
Persistent link: https://www.econbiz.de/10010531061
This paper examines the income inequality implications of a 'premature deindustrialization' trend in middle-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment and value-added share of manufacture. Among these five...
Persistent link: https://www.econbiz.de/10012423067
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10010511245
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The...
Persistent link: https://www.econbiz.de/10010233106
This study examines the relationship between growth and employment in Nigeria to gain insights into the country …'s paradox of high economic growth alongside rising poverty and inequality. The methodology adopted is the Shapley decomposition … approach, complemented with econometric estimation of the country's employment intensity of growth. The findings indicate that …
Persistent link: https://www.econbiz.de/10011405514
redistribution and the impacts of redistribution on growth can be misleading. …
Persistent link: https://www.econbiz.de/10011568157
endogeneity problem in the aid-growth relationship. Evidence from a panel VAR model estimated on the dataset of NDHKM, suggests a …
Persistent link: https://www.econbiz.de/10009765443
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …
Persistent link: https://www.econbiz.de/10009767897